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Rob borrowed $5,800 from Richard and signed a contract agreeing to pay it back 10 months later with 4.55% simple interest. After 3 months, Richard

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Rob borrowed $5,800 from Richard and signed a contract agreeing to pay it back 10 months later with 4.55% simple interest. After 3 months, Richard sold the contract to Chris at a price that would earn Chris 5.00% simple interest per annum. Calculate the price that Chris paid Richard

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